Properties of Payment Systems - General Definition Sketch and Classification -

        We present a systematic treatment of the properties of digital payment systems. By properties, we mean that we abstract from internal details and only consider what kind of service the system offers its users, which may be people or other processes. In particular, the integrity properties are meant as a sketch of a general formal definition of payment systems, which can be filled in with moderate difficulty given previous papers; and there is currently no other comprehensive definition (even of only the integrity and at this degree of detail) of payment systems in the literature.

By: Birgit Pfitzmann and Michael Waidner

Published in: RZ2823 in 1996


This Research Report is available. This report has been submitted for publication outside of IBM and will probably be copyrighted if accepted for publication. It has been issued as a Research Report for early dissemination of its contents. In view of the transfer of copyright to the outside publisher, its distribution outside of IBM prior to publication should be limited to peer communications and specific requests. After outside publication, requests should be filled only by reprints or legally obtained copies of the article (e.g., payment of royalties). I have read and understand this notice and am a member of the scientific community outside or inside of IBM seeking a single copy only.

Questions about this service can be mailed to .